WaFd, Inc (NASDAQ:WAFDP) Sees Large Growth in Short Interest

WaFd, Inc (NASDAQ:WAFDP) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 74,832 shares, an increase of 1,879.7% from the June 15th total of 3,780 shares. Based on an average trading volume of 59,446 shares, the days-to-cover ratio is currently 1.3 days.

WaFd Stock Performance

WAFDP stock traded down $0.03 on Friday, reaching $16.30. The company’s stock had a trading volume of 4,327 shares, compared to its average volume of 20,200. The business has a fifty day simple moving average of $16.41 and a two-hundred day simple moving average of $16.54. WaFd has a 12-month low of $15.81 and a 12-month high of $17.49.

WaFd Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.3047 dividend. This represents a $1.22 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, June 30th.

WaFd Company Profile

Washington Federal, Inc (NASDAQ: WAFDP) is a bank holding company headquartered in Seattle, Washington, operating under the trade name WaFd Bank. Originally founded in 1922 as Ballard Savings and Loan Association in Seattle’s Ballard neighborhood, the company has expanded through organic growth and strategic acquisitions to become a leading regional financial institution in the western United States.

WaFd Bank provides a broad suite of personal banking products, including checking and savings accounts, money market and certificate of deposit offerings, and digital banking services.